Learn how climate risk is assessed under uncertainty, why uneven vulnerability matters, and how precautionary, risk-based decision-making guides climate action.

“Risk” may not be the best concept for you to consider — instead, you might consider a similar, yet distinct idea: uncertainty. Many successful entrepreneurs recognize the importance of taking risks ...

Uncertainty is difficult to quantify. The effect the Federal Reserve’s actions to fight inflation may take in the coming year is a recent stark example With heightened uncertainty, there are often two ...

When the United States and Mexico reached a new understanding about trade matters this past summer, renegotiating parts of the North American Free Trade Agreement, President Donald Trump cheered.

The government response to the coronavirus pandemic has seemed chaotic—underreaction one minute, piling on restrictions the next. It has left many wondering whether anyone is weighing the trade-offs.

Uncertainty forms a significant part of any business. Every business owner knows that without risk, there is no reward. Thus, the existence of uncertainty forms a core part of our speculation and ...

Discover what Gharar means in Islamic finance, why it's forbidden, and explore examples of risky transactions and the impact ...

"A ship is safe in harbor, but that's not what ships are for." –William G.T. Shedd Source: IMPhoto1/Shutterstock Life presents us with defining moments—opportunities to step forward into the unknown ...

Decision-making in the presence of risk and uncertainties is always challenging. Decision makers would like to evaluate the risks prior to their decisions to understand the ranges of possible outcomes ...